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4341  Bitcoin / Bitcoin Discussion / Re: For the Upcoming Hard Fork on: October 13, 2017, 04:59:24 AM
it is too soon to say people are panicking or not about SegWit2x fork because it is a bit far away. and there have been a lot of other things going on with bitcoin like the recent big dip. and after a dip like that there should be a big rise like this.

additionally when something is not happening for the first time, people get used to it. this is the second one with at least 10 similar incidents with same drama (like bitcoin unlimited threat back in start of this year).
4342  Economy / Trading Discussion / Re: multiple exchange arbitrage on: October 11, 2017, 05:30:29 PM
i don't know from where you copied this but you forgot to copy all of it! the table 1 and i am assuming much more is missing from the post you pasted Wink

i currently have a code that does this. i also have run it for a while and also made trades with small amounts for testing. i won't deny that there is a chance of making a profit but in total the risk is way too high and the profit is so small. you will most probably end up losing a lot more.
and usually the price difference is found in small exchanges. and the issue with those is that they don't have enough liquidity. the order size for example is less than 10000 satoshi sometimes!
4343  Economy / Trading Discussion / Re: Everything went back to december 2016 on: October 11, 2017, 05:23:32 PM
i don't know, i am still trading them and i see the volume is still high enough according to cryptocurrency trading standards. maybe it is not as high as a couple of months ago where all the altcoins were being pumped like crazy but it is still decent enough for trading.

besides with all these recent dumps there is bound to be a recovery pretty soon. some of the altcoins even had the recovery. you buy at the bottom and dump them after they recovered. not to mention all the margin trading that is possible to do when they are going down.
4344  Economy / Service Discussion / Re: best exchange other than coinbase on: October 11, 2017, 05:03:58 PM
there are  many reliable exchanges. but i will go with poloneix (one of the best digital asset exchanger)

if you read what OP is asking to the end you can see the first line he is saying he wants to use US dollar  to buy those things! i don't see any way of depositing US dollar in poloniex and you are admitting it is a "digital" asset exchange!
and it is not the best by the way, they have quite a lot of issues and their support sucks.
4345  Economy / Service Discussion / Re: best exchange other than coinbase on: October 11, 2017, 04:22:17 PM
Try BitStamp or Bitfinex since both of them have very high volume in USD and the fees isn't that high. LocalBitcoin also works well if you could find people who will accept USD and you sure they're not scammer.

aren't localbitcoin prices a lot higher than the market value of bitcoin?

i don't know how to check it for USD but localbitcoins in my local currency has only offers which are much higher that what you see on exchanges. so you will end up paying a lot more.
also according to preev it is $5144 which is 6% ($289) higher then bitstamp's current price of $4855
4346  Economy / Speculation / Re: Bitcoin will be 10k in the next 6-10 months! on: October 11, 2017, 04:15:29 PM
6 to 10 month from now is inside 2018. right in the middle of the year. and it is a good prediction. compared to last year (a little more than 10 months ago) the same rise happened and in the same time frame the same rises have been happening at least for 2.5 years (~30 months).

when thinking about short term, things sometimes look scary with all the forks and the China fake bans and all but if you look at the bigger picture, the FUD drops look like a small correction on the chart.
4347  Economy / Speculation / Re: Bitcoin price prediction at the time of hard fork. on: October 11, 2017, 04:08:07 PM
it is really not possible to say right now. it will be a shot in the dark if we try. some people compare this with the last fork (bitcoin cash one) but this is very different in my opinion. the miners were not supporting the BCH fork but this one is different, although we still have to wait and see what miners will do when the time comes but so far there is a big percentage of them supporting the fork!

Why can't I vote guys?

because you just created this account!
4348  Economy / Economics / Re: The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! on: October 10, 2017, 04:23:45 AM
what you are saying here is only half correct.
half because you brought bitcoin inside it! exclude bitcoin and your statement here will be 100% correct.

you see bitcoin is different. it is known among many as THE cryptocurrency. nobody knows the altcoins. that is why we call ALL of them altcoins. it is like this: "bitcoin and the altcoins". that automatically categorizes them.

so think of it like this: supply of xCoin is limited but supply of all altcoins is not. that is actually one of the reasons why most altcoins just struggle to gain any foothold.
4349  Economy / Speculation / Re: Should I expect BTC dump before another fork? on: October 10, 2017, 04:16:54 AM
at times like this i always give the same advice: if you have too much bitcoin that you can not afford to lose then start selling and sell as long as you reach to an amount (leftover) that you can afford to lose and then hold that.
people usually forget this.

as for forks, the BTG fork is mostly a joke to create some premined money.
the SegWit2x fork is completely unpredictable right now. people give their guesses a lot these days but they are all "guesses".
4350  Bitcoin / Bitcoin Discussion / Re: Schools Are Officially Accepting Bitcoin for Tuition on: October 10, 2017, 04:08:17 AM
This a f*ing game-changer! The more mainstream Bitcoin goes, the more alts will rise! I am happy!

you are wrong about both cases.
this is not really a "game-change". it is such a small thing that probably is not even used. having the option sometimes doesn't mean growing adoption.

also bitcoin going mainstream, is bitcoin going mainstream and nothing else. the alts will remain the same as before. nothing about them will change except possibly more trades. their prices will remain the same pump and dumpy price.
4351  Bitcoin / Bitcoin Discussion / Re: What happen If I want to invest bitcoin before the another fok the bitcoingold? on: October 10, 2017, 04:00:45 AM
there is no what if!
if you invest in bitcoin then you have invested in bitcoin. and you get all the benefits of having bitcoin.
the airdrops like BitcoinGold happen all the time. if you want to claim them then you got a long list of them ahead of you. each have different block height for their payments.

in other words never invest in bitcoin to get these airdrops, invest in bitcoin when you understand its potential.
4352  Bitcoin / Bitcoin Discussion / Re: Bitcoin predictions that came true on: October 10, 2017, 03:53:50 AM
depending on the time of the prediction and the reason for it, it may not have been much of a prediction!
by reason i mean some people emotionally said it is an altcoin without understanding what the hell they are talking about. that is not a prediction.
by time i mean at some point it was perfectly clear that BCH is an altcoin. the support it had from users+miners was clear as rain. that again is not a prediction Roll Eyes
4353  Bitcoin / Bitcoin Discussion / Re: Bitcoin Are Now Used in Crimes on: October 10, 2017, 03:47:14 AM
first of all bitcoin is money so just like any other "money" it is being used for many different things. from being traded in Forex-like market to buying a cup of coffee. and obviously like fiat it will be used for "crimes" too.

but saying it is being used and pretend that is all the usage only shows that you never did any research and are talking emotionally.
4354  Economy / Trading Discussion / Re: checking Bitcoin Rat? on: October 08, 2017, 03:14:24 PM
I normally use preev.com for checking the current price of bitcoin with that I calculate that how much it has decreased or increased after my last visit to preev, and for the chart of pricing trend i use my exchange to check it.
I think Preev.com are not better than bitcoinwisdom.com, because bitcoinwisdom is a chart type checking the bitcoin. It will help to identify the bitcoin past and present value of the bitcoin. Most of the android apps are also used to check the rate. But all the apps are showing a fluctuating rate

you can't really call one "better" than the other because they serve different purposes.
preev is jut a quick peak at the price to just know what it is. it can't give you anything else.
bitcoinwisdom is doing that and additionally gives you flexible charts to also see the change and possibly even perform some analysis on it.

by the way this topic you bumped is 4 months old!
4355  Bitcoin / Bitcoin Discussion / Re: Why Europe participates "little" in Bitcoin? on: October 08, 2017, 02:57:33 PM
i believe it is mostly because USD is more of a global currency than EUR is. if you look around most things are measured versus USD. we even report bitcoin price is USD all over the news. there is only one big exchange with EUR that i know of and it is Kraken. other big ones such as bitfinex and bitstamp and coinbase and gemeni all have USD.

as for Japan volume, it is partly because of zero fees in some of their exchanges and partly because bitcoin is on the way to mass adoption over there.
4356  Economy / Speculation / Re: Chinese consolidating not banning (intent to regulate and dominate) on: October 08, 2017, 02:41:32 PM
every time the chinese government believes it's increasing control with measures like this it's actually ceding control over the bitcoin market.

if not already, it will reach a point where the rest of the world won't pay any attention to the stupid shit they pull any more. they're never going to have the control they want so they should end it all now.

true, but i like to believe that China has never been a big player to begin with. it was all an illusion that Chinese are big and vastly effective on bitcoin price.
but reality was that when you offer zero fee trades without any taxation or regulation, you obviously get a huge volume. that never meant more traders in China.
and i certainly never heard of any real adoption over there such as any real shops accepting bitcoin!
4357  Bitcoin / Bitcoin Discussion / Re: Will a new type of Token or Coin replace Bitcoin completely? on: October 08, 2017, 02:14:52 PM
as you can see Bitcoin have undergone a fork this 2017
bitcoin have undergone other forks in other (previous) years too.

Quote
and now there will be another fork again for Bitcoin Gold..
that has little to do with bitcoin!
it is just a project using bitcoin's name, code and blockchain to create some ICO altcoin with a large amount of premine.

Quote
How sure are we that Bitcoin will perform its purpose,
bitcoin will "perform its purpose" for the foreseeable future.

Quote
or will another Token or coin come into the spotlight, maybe not now... but most probably on the year 2021?
what token?
first there needs to be something capable of replacing or competing with bitcoin then it replaces it!
4358  Bitcoin / Bitcoin Discussion / Re: Possible Bitcoin manipulation by banks on: October 08, 2017, 02:07:49 PM
So they spend millions and millions buying up a lot of bitcoin, and then they can dump them all at once, crashing the price, buy back lower, profit. 

this strategy won't work in my opinion.
because if you dump a lot of bitcoin on the market you just temporarily crash the price. there has actually been examples of this. i remember Coinbase crashed down to 10 cent or something like that a couple of months ago. and it did not even last more than a couple of minutes before everyone bought the ULTIMATE cheap coins. and price jumped back up to where it was before!
4359  Bitcoin / Bitcoin Discussion / Re: #NO2X - JOIN THE WAR! on: October 04, 2017, 05:29:10 PM
Should a bitcoin full node have a  [NO2X] tag added to the User agent string (via -uacomment parameter) ?

if you run "bitcoin core" client as your full node then you are automatically saying "no 2x", there is no point in adding something extra to repeat the obvious in my opinion.

in other words /Satoshi:0.xx.x.x/ is equal to /NO2x/
4360  Bitcoin / Bitcoin Discussion / Re: Future of Blockchain? on: October 04, 2017, 05:24:55 PM
Good day,

As per Vitalik Buterin said during TechCrunch Disrupt 2017: "The technology of block chain will be able to catch up and replace the Visa payment network soon".
I'm not sure how soon, but it looks rather realistic in close future. What do you think?

Let's see together, it should be pretty interesting. Smiley

kevin.

reaching that capacity alone is not enough. yes we can right now create a centralized huge server (master node) that holds a gigantic blockchain and handle a large number of daily transactions but that is going to be useless because it is not decentralized. and that is what we are aiming for.
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